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Goldman defaults US Securities and Exchange Commission (SEC) bare air charges

BEIJING, May 5 (Xinhua) The Executive and clearing department of Goldman Sachs Group agreed to pay 450,000 of dollars to the New York-pan-European Exchange Group (NYSE Euronext) and the Securities and Exchange Commission (SEC), according to foreign media reports yesterday.  To settle allegations that the group had violated the regulations governing the short selling of U.S. shares due to bookkeeping errors. According to the SEC's allegations, Goldman Sachs violated the Commission's SHO regulation on short-selling of shares (regulation SHO), a charge against the Commission on April 16.

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